Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 05th June 🚨 🚨 US debt ceiling increased💥Apple MR headset? ⚡Marathon Digital Holdings Mined 77% more #BTC 🚨Pepe Coin is down by 70% 💥Pancake Vol down by 70%

05th June: Crypto & Coffee at 8
🚨 US debt ceiling increased💥Apple MR headset? ⚡Marathon Digital Holdings Mined 77% more #BTC 🚨Pepe Coin is down by 70% 💥Pancake swap volume down by 50%

🚨 Let’s Go, Brandon!
❗ The Extreme left the administration and Rhino Kevin McCarthy passed the bill to suspend the debt ceiling just days before the default This means $1T in new bonds to hit the market.

🚨 The final House vote was 314 to 117, 149 Republicans & 165 Democrats What is the Debt limit? More info via the U.S. Department of the Treasury here https://lnkd.in/dZXcFbta.
The debt limit is the total amount of money that the United States government is authorized to borrow to meet its existing legal obligations, including Social Security and Medicare benefits, military salaries, interest on the national debt, tax refunds, and other payments.

🚨 How does this impact the price of Cryptocurrency? It gives a “temporary breather” to the world of finance. This news should temporarily pump the Global cryptocurrency market. Balaji S. bet of 1BTC = $1Million is definitely down the drain as its a little over 90 days since he made his predictions. Important to know All Price predictions are 100% right, 50% of the time

💥 Apple WWDC 2023 keynote will be live-streamed on Monday, June 5, starting at 1 pm Eastern here https://lnkd.in/dTwuc9KT. In anticipation of this news The Sandbox, Decentraland has pumped up while the Global cryptocurrency market is struggling.

💥 If Apple does launch a new Augmented / Virtual Reality headset it will be the first new major product line since it unveiled the Apple Watch in 2014.

💥 Will Apple’s new regarding MR/AR/VR headset impact Metaverse? We recommend listening to our Metaverse Everything podcast where we explore this in detail. Episode here Spotify here https://lnkd.in/dfuWcerV
 

🚨 Pepecoin is down by over 70% since reaching its all-time high. Cointelegraph article here https://lnkd.in/dqmjmU6f tates that Despite its recent losses, PEPE still trades 4,000% higher when measured from its exchange debut price of $0.00000044. As a result, more price declines could prompt existing PEPE holders to lock in their profits, thus exacerbating the bearish bias.

🚨 1,245 bitcoin in May
Bitcoin miner Marathon Digital Holdings mined 1,245 bitcoin in May, up 77% from the previous month with the help of its proprietary software. Info here https://lnkd.in/dbizhBs8 Some highlights
- 4,141 BTC Year-To-Date
- Increased Operational Hash Rate 9% to 15.2 EH/s and Installed Hash Rate by 13% to 20.1 EH/s in May 2023
- Raised nearly $800,000 for Bitcoin Core Developers in collaboration with Brink
- Reported Unrestricted Cash and Cash Equivalents of $97.3 Million and Increased Unrestricted Bitcoin Holdings to 12,259 BTC (c. $333.7 Million) as of May 31, 2023

🚨 Two UAE news (See slides)
⚡ Crypto exchange Gemini to seek UAE crypto license UAE
⚡ Government launches AI-powered chatbot platform ‘U-Ask’

For slides click here: https://tinyurl.com/pccsbbum

LinkedIn Profile: https://tinyurl.com/569zh78j

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